Sharesies adds another tailwind to surging NZX volumes
The entrance of micro-investment platform Sharesies to direct NZX share trading helped more than double volumes on the exchange last month. Share trading had already been on the rise in recent months due to a new pricing regime and rules that encouraged brokers to transact on...
MARKET CLOSE: NZ shares nudge up amid growing optimism over US-China trade
New Zealand shares joined a rally across Asia as investors remained confident that US and China will end their protracted trade war. Fletcher Building led the market higher as the stock continued its recovery this month. The S&P/NZX 50 Index increased 39.99 points, or 0.4 per...
MARKET CLOSE: NZ shares rise on improved US-China trade outlook
New Zealand shares joined a rally across Asia as easing trade tensions between the US and China helped buoy investor sentiment. Exporter Fisher & Paykel Healthcare was among firms that gained. The S&P/NZX 50 Index increased 39.86 points, or 0.4 percent, to 10,801.55. Within t...
Auckland house sales perk up in October
Auckland property sales rose more than usual for early spring, indicating the city's real estate market is slowly returning to normal. Barfoot & Thompson sold 824 properties in October, down from 844 a year earlier, with the median sale price at $845,000, a 1.7 percent declin...
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